Bahrain pushes ahead with Muharraq city redevelopment plan Halliburton wins multi-year Aramco gas development contract Saudi: Kent secures long-term deals with Aramco for future EPC projects Oman and Jordan launch $100mln investment firm Modon, ADIB introduce Abu Dhabi’s first off-plan home financing solutions Abu Dhabi launches maritime investment guide to attract global businesses Saudi Arabia inaugurates over 900km of roads to boost connectivity Gulftainer unveils $2bln global trade infrastructure strategy Saudi Arabia's trade surplus surges 60% to over $24bln in Q1 2026 UAE, Panama discuss boosting trade, investment, supply chains as part of 'UAE Trade Days' Sharjah Chamber registers 30,000 memberships in H1 Saudi tourism spending reaches record $81bln in 2025 Dubai's AMIS breaks ground on Jacob & Co.’s villa community; targets $10bln IPO in three years UAE's new government work model to deploy Agentic AI in public services Indonesia, Kuwait strengthen strategic energy partnership Kuwait unveils framework for 15-year residency for expat investors Riyadh Air takes off on first domestic route to Jeddah Bahrain issues laws to protect investments Qatar's Hamad Port sails into the world's top eight Kuwait air traffic returns to normal, flights resume QatarEnergy announces new oil discovery offshore Namibia UAE developer Alef launches $1.1bln mixed-use development in Sharjah ADNOC eyeing Canada upstream and LNG opportunities via XRG arm, executive says Dubai real estate deals in April surge to $18.7bln Saudi's SAMA mandates advance notification of investment rounds by financing companies Qatar maritime trade activity accelerates in May Oil steadies as uncertainty over US-Iran talks keeps markets on edge Qatar: Relatively hot daytime conditions expected, moderate night Dubai Centre for Family Businesses explores ways to strengthen business adaptability Saudi Crown Prince, UAE President discuss regional security and cooperation

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Emirates' first retrofitted 777 aircraft takes off to Geneva

Emirates' first retrofitted 777 aircraft takes off to Geneva

Aug 07, 2024

The first B777 took 37 days and 18,000 manhours to finish as teams operated round the clock in a chronological sequence of work

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Saudi Arabia Railways' H1 passengers soar to over 5mln

Saudi Arabia Railways' H1 passengers soar to over 5mln

Aug 07, 2024

SAR figures also show a 5% increase in trips on its network during the first half - 17,200 trips via the Eastern Train, Northern Train, and Haramain High-Speed Train networks

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Dubai's DXB airport sees record year for passengers after 8% rise in H1

Dubai's DXB airport sees record year for passengers after 8% rise in H1

Aug 07, 2024

Dubai International Airport, the world's busiest airport for international traffic, welcomed 44.9mln passengers in the first half of the year, Dubai Airports said

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CBUAE fines UAE bank for anti-money laundering lapses

CBUAE fines UAE bank for anti-money laundering lapses

Aug 02, 2024

The financial sanction is the result of the findings of an examination conducted by the CBUAE

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Qatar’s non-hydrocarbon sector has strong potential to drive growth

Qatar’s non-hydrocarbon sector has strong potential to drive growth

Aug 02, 2024

Overall outlook for the Gulf Cooperation Council (GCC) energy and non-energy sectors is positive

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GCC and Turkey conclude first round of FTA negotiations on positive note

GCC and Turkey conclude first round of FTA negotiations on positive note

Aug 02, 2024

The initial discussions covered several topics, including trade in goods, services, investment, rules of origin, technical barriers to trade, and sanitary and phytosanitary measures

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Kuwait's non-oil businesses continue to grow but employment stagnates

Kuwait's non-oil businesses continue to grow but employment stagnates

Aug 05, 2024

PMI data showed work backlogs continue but firms reported difficulties in finding suitably skilled workers

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Qatar Central Bank maintains current interest rates

Qatar Central Bank maintains current interest rates

Aug 01, 2024

QCB has maintained the deposit interest rate at 5.75%, the lending rate from the bank at 6.25%, and the repurchase rate at 6.00%

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Saudi EXIM Bank, InvestChile sign deal to boost economic ties

Saudi EXIM Bank, InvestChile sign deal to boost economic ties

Aug 01, 2024

The deal is a major advancement in fostering economic and trade relations, collaborative investment initiatives, and increased opportunities for cooperation

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